First Deputy Chairman of the Sberbank Executive Board Alexander Vedyakhin spoke about where Sber stands on ethical AI regulation issues during a plenary session of the International Forum called AI Ethics: the Beginning of Trust.

Other discussion participants were Deputy Prime Minister of Russia Dmitry Chernyshenko, Chief of the Presidential Directorate for the Development of Information and Communication Technology and Communication Infrastructure Tatyana Matveeva, CEO of Yandex Russia Elena Bunina, MTS President Vyacheslav Nikolaev, film director Fyodor Bondarchuk, and InfoWatch Group President Natalya Kaspersky. The session was moderated by TV host Sergey Brilev.

Like any other technology, AI entails opportunities, but also risks. Therefore, Sber was one of the first in Russia to approve the principles of AI ethics complying with the best global practices and with the National AI Development Strategy. The principles provide Sber employees with guidance on how to deal with ethical dilemmas that may arise when interacting with AI. There are five of these principles: controllability and manageability of AI systems, transparency and predictability of their work, stability and reliability of systems, responsible use, and impartiality.

Alexander Vedyakhin noted that Sber had also been one of the first in the country to create a special permanent working group to address the ethical aspects of using AI in the work of all structural divisions of the bank and the Sber ecosystem.

AI ethical principles are important not only for one company, but for the entire country and the well-being of humanity. This requires international coordination. Alexander Vedyakhin emphasized that Sber was an active participant in a dialogue, providing its AI expertise for key international organizations like the Council of Europe, UNESCO, OSCE, OECD, BRICS, and ISO.

Alexander Vedyakhin, First Deputy Chairman of the Executive Board, Sberbank:

"We have been working on AI ethics for years. The principles for AI development and use that we adopted have enhanced the trust of Sber clients and Russians in artificial intelligence, which is used in most of our processes, products, and services. And we are happy that our principles are at the core of the AI ethics code that has been approved today."

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Sberbank of Russia published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 12:45:04 UTC.